The Maharlika Investment FundThe last day of May marked the enactment of the law creating the Maharlika Investment Fund. Purpose of the Maharlika Fund. The Maharlika Investment Fund is a sovereign wealth fund. By their nature, investment funds suffer from volatilities of some kind. From the looks of it, the MIF will be generally a conservative investment fund, primarily because of its public functions.
Source: Philippine Star June 06, 2023 21:57 UTC